# Investors, beware: There may be some turbulence in store for the loonie - The Globe and Mail

> Scott Barlow notes that the Canadian dollar is highly sensitive to the two-year yield spread against the US, which is at about minus 71 basis points, with the loonie near 75.5 US cents. Consensus forecasts expect the spread to narrow by year end, while recent weak domestic economic reports argue for caution.

- Date: 2019-01-30 · published 2019-01-30T12:00:00.000Z
- Category: macro · region Canada · magnitude low
- Page: https://feedsoft.ai/events/61322-investors-beware-there-may-be-some-turbulence-in-store-for-the-loonie-the-globe
- Commodities: [Canadian Dollar (CAD per USD)](https://feedsoft.ai/c/USDCAD.md)

## Why it matters

Rate-spread dynamics drive the loonie, which affects Canadian export competitiveness and the relative value of Canadian-origin commodities, though the impact on feed prices is indirect.

## Read by commodity

- USDCAD: neutral

## Sources

- theglobeandmail.com: https://www.theglobeandmail.com/investing/markets/inside-the-market/article-investors-beware-there-may-be-some-turbulence-in-store-for-the/

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.